•JPMorgan maintains 'Neutral' on IndiGo (InterGlobe Aviation) with ₹4,630 target, citing fuel/non-fuel cost headwinds and tepid traffic.
•Brokerage cut FY26/FY27 EPS estimates by 13-14% due to higher fuel costs and weak rupee, expecting oil prices to moderate by FY28.
•UBS keeps 'Buy' but lowers price target to ₹5,480, citing geopolitical conflict, rising crude, and weak rupee impacting near-term earnings from Q4FY26.
•IndiGo suspended Europe operations, grounding leased widebody aircraft since February 28, affecting London, Manchester, Amsterdam due to West Asia tensions.
•Shares of InterGlobe Aviation are down 1.72% on Friday, March 6, declining in 5 of last 7 sessions and 10% over the past month.